Australian data center operator Nextdc announced on May 5 that it secured A$1.8 billion, or about US$1.29 billion, in new senior debt facilities, according to Reuters. The funding will support capital spending linked to recent customer contract wins and ongoing data center developments.

This debt raise follows an additional A$700 million (US$502 million) commitment from Canadian investor La Caisse in April.

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Comment

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GateUser-3f3455c7

· 05-05 05:26

1.8 billion in senior debt at this scale — indicating that banks have a high level of confidence in the cash flow model of the data center, but if the interest rate environment becomes even tighter, refinancing pressure won't be insignificant.

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PopularQueen

· 05-05 03:03

To The Moon 🌕

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PopularQueen

· 05-05 03:03

LFG 🔥

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Qneephi

· 05-05 02:00

helllllllllllllllllllllllllllllllo

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GlassBottleFeather

· 05-05 01:58

Debt financing is now more attractive than equity, with less dilution and higher tax shields. NextDC has calculated this precisely.

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MultisigOnRocks

· 05-05 01:50

1.8 billion Australian dollars in debt, AI computing infrastructure really costs a lot of money.

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LimitOrderAtTheCrater

· 05-05 01:47

Traditional IDC is still competing over PUE, while others have already secured long-term cash flow through pre-signed customer contracts. This move is worth copying for domestic peers.

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